About Mini Water Dispenser
A mini water dispenser is a machine that cools or heats up and dispenses water with a refrigeration unit. It is commonly located near the restroom due to closer access to plumbing. Water dispensers come in a variety of form factors ranging from wall-mounted, floor-mounted, and table top-mounted, etc. These dispensers come up with a refrigeration system and also have a second dispenser which provides hot water or normal water to be used for coffee, tea, or other purposes. These dispensers remove the need for maintenance in the purifiers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.6% |
The market for the mini water dispenser is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market.The Vendors having a strong hold in the market are Yuyao Koko International Trading Co., Ltd. and Zhongshan Wanao Mould Products Co., Ltd.. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Mini Water Dispenser market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Yuyao Koko International Trading Co., Ltd. (China), Zhongshan Wanao Mould Products Co., Ltd. (China), Ningbo Homaster Electrical Appliances Co., Ltd. (China), Shenzhen ES AQUA Co., Ltd (China), Ningbo Blue Pluser Appliance Co., Ltd (China), A K System Engineers Pvt Ltd (United Kingdom), Voltas (India), Daikin Industries, Ltd. (Japan), Acrokool (United Kingdom) and Waterlogic Holdings Limited (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SK Water Solution & Refrigeration (India), Apex technology (India), Shree Enterprises (India), Emperia Energy Pvt Ltd (India) and Perfect Air Conditioning Trading Company (India).
Segmentation Overview
AMA Research has segmented the market of Global Mini Water Dispenser market by Type (Bottled and Plumbed-in), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Mini Water Dispenser has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Mini Water Dispenser market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mounting Type, the sub-segment i.e. Floor Mounting will boost the Mini Water Dispenser market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Use of Plumbed-In Mini Water Dispenser Is Increasing and Technology Such As RO (Reverse Osmosis) +UV (Ultra Violet) +UF (Ultra Filtration) Helps In the Growth of Mini Water Dispenser Market
Market Growth Drivers:
The Decreasing Quality of Drinking Water in Residential Areas Leads to the Growth in Mini Water Dispenser and Government Initiatives for Healthy Drinking Water Such As “Water ATM” Lead to the Growth In Mini Water Dispenser
Challenges:
Regular Flow of Electricity Require To Perform Hot and Cold Function Efficiently
Restraints:
The Filters in Mini Water Dispensers Must Be Cleaned Regularly and Replaced By Time Otherwise May Cause Harmful Diseases
Opportunities:
The Advancement Such As Coffee Brewing and Fridges Helps to Boost the Mini Water Dispenser Market Upward
Market Leaders and their expansionary development strategies
In November 2023, Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that it has entered into a definitive agreement whereby Culligan International ("Culligan") will acquire a significant portion of Primo Water's International businesses in an all-cash transaction
In June 2022,Panasonic, the leader in providing innovative technologies for everyday convenience and wellbeing, launched its smart water dispenser SDM-WD3531 in the region. With unique features that ensure hygiene, purity of drinking water, and convenient use, the bottom load water dispenser comes with touchless hot and cold water dispensation.
Key Target Audience
Mini Water Dispenser Manufacturers, New Entrants/Investors, Analysts And Strategic Business Planners And Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, And Distributors, Venture Capitalists And Private Equity Firms and Government Regulatory And Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.